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BOT must cut policy rate close to zero to rein in baht’s appreciation

November 22, 2020

The latest measures by the Bank of Thailand (BOT) designed to encourage capital outflows would have some impact on the value of the baht but they would not be effective in controlling the Thai currency's rise, said Anusorn Tamajai, a former BOT director and ex-dean of Rangsit University’s Faculty of Economics.

Global Covid-19 situation, US-China trade talks expected to influence markets

August 22, 2020

The baht would move between 31.20 and 31.70 to the US dollar next week while the SET Index will move between 1,270 and 1,330 points.

Baht strengthens on continuous dollar sales

FRIDAY, AUGUST 21, 2020

The baht opened at 31.41 to the US dollar on Friday morning (August 21), strengthening from Thursday’s close of 31.44.

Baht gains in morning trade

THURSDAY, FEBRUARY 27, 2020

The baht opened at Bt31.79 to the US dollar on Thursday (February 27), strengthening from Wednesday’s close of Bt31.86, and is likely to move between Bt31.73 to Bt31.88, SCB Securities senior market strategist Jitipol Puksamatanan said on Thursday.

BOT confident on outlook

TUESDAY, JULY 03, 2018

THE baht has been weakening in line with its regional peers, driven lower by the moves among major economies to raise interest rates and the concerns over a trade war, Bank of Thailand (BOT) governor Veerathai Santiprabhob said.

Bankers see low impact on baht from Fed rate rises

WEDNESDAY, FEBRUARY 28, 2018

COMMERCIAL bankers forecast only a slight depreciation of the baht despite market expectations of as many four rises in US interest rates this year.